Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) Trading Up 0.4% – Should You Buy?

Invesco QQQ Low Volatility ETF (NASDAQ:QQLV)’s stock price was up 0.4% during mid-day trading on Monday . The company traded as high as $24.58 and last traded at $24.56. Approximately 509 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 1,902 shares. The stock had previously closed at $24.47.

Invesco QQQ Low Volatility ETF Stock Up 0.4%

The firm has a market cap of $3.93 million, a price-to-earnings ratio of 22.72 and a beta of -0.75. The firm has a 50 day moving average of $24.62 and a 200 day moving average of $24.49.

Invesco QQQ Low Volatility ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.0331 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, February 23rd. This is a positive change from Invesco QQQ Low Volatility ETF’s previous monthly dividend of $0.03.

Institutional Trading of Invesco QQQ Low Volatility ETF

A hedge fund recently bought a new stake in Invesco QQQ Low Volatility ETF stock. Kestra Advisory Services LLC bought a new stake in shares of Invesco QQQ Low Volatility ETF (NASDAQ:QQLV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 2,913 shares of the company’s stock, valued at approximately $70,000. Kestra Advisory Services LLC owned 1.82% of Invesco QQQ Low Volatility ETF as of its most recent SEC filing.

About Invesco QQQ Low Volatility ETF

The Invesco QQQ Low Volatility ETF (QQLV) is an exchange-traded fund that is based on the Nasdaq-100 Low Volatility index. The fund tracks an index of the lowest volatility stocks from the Nasdaq-100. QQLV was launched on Dec 4, 2024 and is issued by Invesco.